Post
Topic
Board Trading Discussion
Re: Bull market is back?
by
annango
on 20/05/2019, 21:09:48 UTC
Again today the price of bitcoin increased to 8000$ which it seems to be we are in a bull run, which we shouldn't sell them in the market and we need to hold them for some more time in the market. Once if it crosses more than 8500$ many people are expecting the price will surely cross more than 10000$.
That's really good to see that we are back on top again, but we need to break bigger resistance so we can finally achieve a new level which is $9000.

It doesn't matter if it will take months again to reach that price as long as price now will be stable and we will not see further dumps.
Dumps do create some panic, especially in the situation now, so I'd choose a normal increase which is steady.

Honestly, bitcoin movement has really pleased many of us in this year compared to 2017. As can be seen, bitcoin has slightly continuous increase, till it get more than $8000, it has a falling. Obviously, bitcoin is considered highly volatile, so it's just a normal thing in this tough market. Although you and me, no one can say for sure previously what will happen to bitcoin or other cryptocurrencies, we'd better grow a positve mind foremost instead of negative one. Yep, i too think that bitcoin will be continuously increase, and it has the sign of bull run in 2019.